President Barack Obama, who took office amid the collapse of the last financial bubble, wants to make sure his economic recovery doesn’t generate the next one.

Obama this month spoke four times in five days of the need to avoid what he called “artificial bubbles,” even in an economy that’s growing at just a 1.7 percent rate and where employment and factory usage remain below pre-recession highs.

“We have to turn the page on the bubble-and-bust mentality that created this mess,” he said in his Aug. 10 weekly radio address.

Why the Odds Changed

Yellen has all but guaranteed she will keep the money flowing faster than Bernanke, and coupled with the above warning from Obama about asset bubbles, the odds shift heavily towards Tweedle-Dum as Obama's choice.

Don't Fret, It Does Not Matter

Some will be delighted by this, others severely disappointed. But I am here to ease your mind. It does not matter. They will be equally horrendous.

The timing may change slightly , but the outcome won't.

“We have to turn the page on the bubble-and-bust mentality that created this mess” said Obama. Mish says "It's too late" the Fed has already re-blown bubbles in both stocks and bonds.